The $1.7 billion project is still waiting for the Illinois Gaming Board to approve its casino license.
Bally's plans for a $1.7 billion casino in River West won final City Council approval on Wednesday, and the project now needs to clear one final hurdle, obtaining a license from the Illinois Gaming Board.the zoning changes Bally's needs to build its casino,
Ald. Walter Burnett , whose ward will be home to the casino, said it is a"big deal, because it can change the face of that community because of these opportunities." "This is something that three administrations have been trying to do," he said."Three administrations, for over 30 years, have been trying to do it. This mayor got it done."Despite the overwhelming vote of support from the City Council, the Bally's casino plan has not been without controversy. Ald. Brian Hopkins and Ald.
"Many of us had expected the committee process to be where all the vetting would occur," Reilly said."I'm really disappointed that that part of the process failed."Reilly and Hopkins have repeatedly warned that Bally's casino plan will exacerbate traffic problems downtown, and bring an increase in crime. They also have questioned whether the casino will be able to generate the kind of money Lightfoot and Bally's have claimed.
Hopkins also has noted Bally's has reported $3.4 billion in debt, questioning whether the company can even finance the casino project.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Chicago Plan Commission approves $1.7B casino and entertainment complexBally's is still awaiting license approval from the Illinois Gaming Board.
Lire la suite »
Gaming Platform Forte Partners With Venture Studio SuperLayer to Expand Beyond Web3 GamingBlockchain gaming platform FortePlatform has partnered with Web3 venture studio startup superlayerio to expand into new verticals. BrandyBetz reports
Lire la suite »
Gaming Control Board gives green light to proposed State College mini-casino license hearingsA competitor's challenge to garner information concerning the casino's ownership was unanimously declined.
Lire la suite »
Pennsylvania school board rejects 'cis, white male' for board presidentA school board in Pennsylvania had voted 8-1 this week against allowing one of their colleagues, Gregory D’Elia, to become the president of the board because he is a “cis, white male.”
Lire la suite »
Calumet Park District 132 Board votes to remove president, although she remains on boardThe Calumet Park Elementary District 132 Board voted 5-1 to remove Synathia Harris as president, replacing her with board member Sherri Storey.
Lire la suite »
Web3 Gaming Is More Mainstream Than You Think | HackerNoonAmidst crypto struggles and a global recession, p2e gaming is still thriving. - web3 blockchaingaming
Lire la suite »